Explore the necessity of issuing notices under Section 263 post the Faceless Assessment Scheme introduction. Analyze the schemes efficacy in curbing shortcomings.
Delve into the intricate details of the Karvy Demat Scam, from its genesis to repercussions. Explore the role of regulators, auditors, and preventive measures.
Kerala High Court ruling deems notice demanding late fees on GSTR-9C filed pre-GST Amnesty Scheme unjust. Full text analysis provided.
Delhi High Court directs Canara Bank to comply with instructions to vacate attachment on the cash credit account of the petitioner under the GST Act. Read the full judgment here.
Kerala High Court nullifies Income Tax assessment order for 2016-17 after petitioner couldn’t attend video conferencing due to technical issue. Full judgment analysis.
Lovy International challenged rejection of Drawback to ROSCTL conversion. CESTAT Delhi ruled CBEC Circular time limit invalid. Detailed analysis here.
In a landmark ruling, the Gujarat High Court clarifies Rule 108 of CGST, emphasizing that the period of limitation applies only to manually passed orders, not those uploaded on the common portal.
A sole proprietorship can be defined as a business run by a single person. A One-Person Company (OPC) can be described as a business with a single shareholder as the member. When you convert a sole proprietorship into a one-person company you get a structured and regulated platform and other benefits.
Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes operative by linking with Aadhar. Details & implications.
Learn about the penalty imposed by the Ministry of Corporate Affairs on Snap Fitness (India) Pvt Ltd for a 91-day delay in filing financial returns under Section 137 of the Companies Act, 2013.